Canola Down with Soy Complex, Prairie Rains

May 21, 2021

Canola futures ended weaker on Thursday, with the nearby July contract down its $30/tonne daily limit and more modest declines in the more deferred months.

Traders bailing out of long positions accounted for the selling pressure in July, with most of the commercial attention now on the new-crop contracts. Domestic crushers and line companies are generally pricing off of the November contract, for both old- and new-crop business, due to the volatility in July.

Losses in the Chicago Board of Trade soy complex and strength in the Canadian dollar contributed to the declines in canola. Widespread rains across Western Canada were also bearish for values. However, more precipitation will be needed going forward, with canola still looking relatively cheap given the tight supplies and solid demand projections.

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Video: What Happens When Pigs Adapt to High Soybean Meal Diets? - Gustavo Lima

In this special rerun episode of The Swine Nutrition Blackbelt Podcast, Gustavo Lima, PhD candidate in Animal Science at Iowa State University, discusses how grow-finish pigs respond to high soybean meal diets. He explains the initial drop in feed intake, changes in backfat, later adaptation, energy efficiency, amino acid utilization, and the rise in nitrogen excretion at higher inclusion levels. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/jas/article/...

“Once they got adapted to the diet, they can handle higher levels of inclusion of soybean meal.”

Meet the guest: Gustavo Lima / gustavo-lima-a9867127 is a PhD candidate in Animal Science at Iowa State University whose work focuses on swine nutrition, ingredient characterization, energy metabolism, caloric efficiency, and applied data analysis. With more than 15 years of experience in swine production across Latin America, Gustavo also brings expertise in environmental control, performance evaluation, barn ventilation, and grow-finish housing. Learn more from Gustavo Lima on The Swine Nutrition Blackbelt Podcast, available on all major platforms.